Nuclear power has been a hot topic recently. And as a result, the price action of its input commodity has been quite schizophrenic. Investors and speculators are in a state of great wonderment over what to expect from this intriguing mineral.
A significant base may be forming in uranium stocks - seen in the Global X Uranium ETF - as Japan's troubled nuclear energy industry passed its first major vote since the Fukushima tragedy. Positive news is beginning to emerge after three months.
After booming earlier in the decade, busting in 2007 into 2008 and being flat and out of favor until early this year, uranium is now the 'Next Big Thing,' attendees at the San Francisco Hard Assets Investment Conference 2010 have been told.